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96 COVERT ST |Bushwick
Taxes/Maintenance: $0
Property type: Rental
Courtesy of Halstead Property, LLC
OPEN HOUSE BY APPOINTMENT ONLY Built in 2012, this massive 3,000 sq ft house consists of 2 duplexes over a bonus basement unit, plus a Legal parking space! No more alternate side street parking issues! Currently providing $ 6,500 in monthly income, the current cap rate is 5. 4% but projected cap rate of 6. 4% possible. Top duplex is currently rented for $ 2,800 through April 2021. 3 bedroom 1. 5 bath, kitchen features stainless steel appliances, including a dishwasher, as well as a balcony off the rear bedroom. Lower duplex is rented through March 2021 for $ 2,400, it is a 2 bedroom 2 bath with back garden. This unit could rent for $ 2,700 in high season. Master bedroom has an en suite full bath as well as a balcony. Basement unit is rented for $ 1,300, MONTH TO MONTH. This unit could rent for $ 1,800 Great location just a 7 minute walk to the Wilson Ave L train stop, or 7 minute walk to Halsey St. J. Tenants pay for heat, electric, and gas separately, landlord only pays water of $ 120 per month. The house is 17' x 53. 5' (per survey) on a 100' deep lot and also includes Available air rights of 1,139 sq ft. New owner can keep current set up, or restore back to original 2 family layout more

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Down Payment
Mortgage Payment:
Common Charges & Taxes: $0

Total Monthly Payment:
Mortgage Amount $1,000,000
30 Year Fixed